1st day of trading for Gram Car Carriers

On 31 January, Gram Car Carriers (GCC) start trading on Euronext Growth Oslo. This signals the start of the next stage of GCC exciting journey as a trusted provider of high-quality vessels and logistics solutions to major global and regional car carrier operators.

 

Gram Car Carriers is the world’s third-largest tonnage provider within the car carrier segment with 18 owned vessels. The fleet is rolling off its current short to medium term contracts and the company is in the process of re-contracting its vessels on longer-term charters in a strong market.

 

“We operate in a market with highly favourable supply/demand dynamics which underpins increased earnings visibility, improving economics and our ability to provide direct shareholder returns through attractive dividends," said Georg A. Whist, the CEO of GCC.

 

Please see our first day of trading video here